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The siren song for hedge funds - memecoins on the attack 🧐 It seems the hedge fund world is plunging headfirst into the frenzy of memecoins with irresistible force. 💰 Stratos hedge fund launched a liquid Dogwifhat ($WIF) fund in December. At one point, the price of $WIF ⬆️ surged by more than 300 times, helping the fund to a 137% profit in the first quarter, which is more than double the overall gain in the cryptocurrency market. Stratos isn't the only hedge fund diving into memecoins. 🐘 Macro giant Brevan Howard made "tiny" investments in the sector, according to Bloomberg sources. Crypto fund 🐈⬛ Pantera Capital recently wrote that "memecoins are here to stay," and that "trading memecoins creates gigantic" opportunities. 🐶 Memecoins have recently been registering the highest trading volume on decentralized exchanges. According to CoinMarketCap, the overall market value of memecoins has increased to approximately $54.7 B. It seems that memcoins can absorb a lot of capital from various funds. 😉 ❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content.🙏🏾 #ScamRiskWarning $DOGE $MEME #BullorBear #BTC #Fed
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Solana co-founder criticizes Vitalik Buterin while defending meme coins 👊 Solana's co-founder, Raj Gokal, defends meme coins in a recent X post, challenging the concerns raised by some traditionalists in the crypto community. 🎯 Gokal targeted Ethereum's Vitalik Buterin by posting a fuzzy photo of him, implying that even Ethereum started from humble, unconventional beginnings. 💪 Gokal argues that dismissing meme coins as trivial ignores their role in fostering innovation within permissionless systems. He emphasizes the 🔥importance of adaptability in the fast-evolving crypto landscape, suggesting that those unable to embrace such changes might struggle to succeed. 🗣 This X post underscores the ongoing rivalry between Ethereum and Solana, two major blockchain platforms. ❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content.🙏🏾 $SOL $ETH $BTC #Fed #ScamRiskWarning #bitcoinhalving #BullorBear #BTC
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A meme coin trader fell victim to insider trading and lost $152,000 in half an hour! 🙀 A user became a victim of insider trading with the meme coin CoolCoin ($COOL) on the Solana network, reported by analysts at Lookonchain. 🤷 The trader spent 1600 $SOL to buy 2.2 million $COOL, but managed to 🙈 sell them for only 532.58 #Solana less than half an hour later, losing 1067.42 SOL ($152,000) in the transaction. 👆 Previously, Lookonchain had noticed suspicious activity on the network that resembled 👀 insider trading. They identified a trader who owned the majority of the issued CoolCoin tokens. According to their findings, he 💰bought 574.27 million #COOL for 35.4 #SOL ($5000) and distributed them across several addresses. Within 🕐 an hour, the insider sold 22.81 million COOL from five wallets, earning 11,896 SOL ($1.69 million). ✔️ Currently, he still owns 551 million COOL (55.1% of the total supply) valued at over $20 million.$MEME 🚨For more market insights and early signals, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content! 📈
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⚠️WARNING The Shiba Inu community has been warned about scammers and fake tokens 🎭 Fake accounts posing as members of the Shiba Inu (SHIB) meme token team have started appearing on Telegram, as reported by Shibarmy Scam Alerts. 😡 One account is impersonating Kaala Dairyu, the coin's lead developer. "Remember no one from our team will ever contact your via priavte messages and request you synchronize your wallet OR ask you for personal information" - states a post from Shibarmy Scam Alerts. ❗️Community representatives have also warned about a counterfeit TREAT token. The genuine coin has not yet been officially launched. 👀 Users are urged to "refrain from any transactions or investments" involving TREAT. The fake coin does not have locked liquidity, allowing fraudsters to withdraw user funds at any time. ❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content.🙏🏾
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